520 W Colden, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This Quadruplex Residential Income property is a High-Potential Investment Opportunity, listed at $1,549,000—positioned well below the $1,625,521 Fair Market Value by 4%. This valuation gap offers $76,521 in Instant Equity. Featuring a 2008-built front duplex and 2026-constructed rear ADUs, the property maintains a Mint Condition Rating. With RSO exemption and modern amenities like mini-split HVAC, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to leverage owner-occupied financing for long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 520 W Colden Subject | $1,549,000* List Price | 0 | 0 | 4,292 | $379 | - |
A 1234 W 89th Street Sold | $1,560,000 | 12 | 8 | 3,867 | $403 | 0.9 mi |
B 1234 W 89th Street Sold | $1,560,000 | 0 | 0 | 3,867 | $403 | 0.9 mi |
C 525 W 85th Street Sold | $1,550,000 | 0 | 0 | 4,209 | $368 | 0.9 mi |
D 645 W 97th Active | $1,425,000 List Price | 0 | 0 | 4,990 | $286 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features brand-new 2026 construction ADUs and a 2008 front duplex that has been recently renovated with new kitchen cabinetry, bathroom vanities, and flooring. Systems are modern, including new electrical panels and mini-split HVAC, meeting the criteria for mint condition with recent renovations.
Built in 2008 and 2026, this property is exempt from the Los Angeles Rent Stabilization Ordinance (RSO), allowing the owner to adjust rents to market rates without the restrictions faced by older multifamily assets.
As a four-unit residential income property, it qualifies for favorable residential financing, including FHA 3.5% down-payment programs, making it an ideal opportunity for first-time investors to live in one unit while collecting high rental offsets.
The property features a versatile mix of large 4-bedroom front units and brand-new 2-bedroom ADUs, all featuring modern updates, new appliances, and mini-split HVAC systems in the rear units for immediate tenant appeal.
The rear ADU duplex has a forthcoming Certificate of Occupancy scheduled for July 2026, which may introduce timing risks for full occupancy and potential complexities during the initial financing or appraisal process.
At a list price of $1,549,000, the property sits at the higher end of the local market for the 90044 zip code, requiring high-performing rental management to justify the investment and maintain a competitive cap rate.
520–522 W. Colden Avenue is a rare four-unit opportunity ideal for a first-time investor or owner-user seeking rental offsets, modern construction, and a more attainable path into Los Angeles multifamily ownership. The property consists of a 2008-built front duplex with two large 4BD/2BA residences, plus a newly constructed rear ADU duplex featuring two approx. 950 SF 2BD/2BA units with a 2026 Certificate of Occupancy forthcoming in July 2026. Owner-user appeal is significant. A buyer may occupy the updated vacant front 4BD/2BA residence while collecting income from the other three units. Current/projected rents include 520 W. Colden at $2,987/month, 520 1/2 W. Colden at $2,635/month including utilities, and vacant 520 1/4 W. Colden projected at $2,635/month, totaling approx. $8,257/month before leasing the vacant front residence. This property may be attractive to qualified first-time buyers because it falls within the 1–4 unit residential category, which may allow access to owner-occupied financing programs not available to larger multifamily assets. Qualified buyers may be able to explore FHA low-down-payment financing, including potential 3.5% down options, along with first-time buyer, down-payment assistance, and homebuyer programs, subject to borrower, income, occupancy, lender, property, and program eligibility. STAGED PHOTOS ARE DIGITALLY STAGED. The front duplex is represented as not subject to the Los Angeles City Rent Stabilization Ordinance due to its 2008 construction date, while the rear ADU duplex has a 2026 CFO forthcoming. Buyer to verify all regulatory status, permits, certificates, zoning, rent-control applicability, expenses, income, financing eligibility, and program availability. The vacant front 4BD/2BA residence has been updated with new kitchen cabinetry, dishwasher, bathroom vanities, flooring, and fresh interior paint. The rear ADUs feature new electrical panels, all-electric systems, mini-split air conditioning/heating, and full appliance packages in each unit, including stove, refrigerator, dishwasher, washer, and dryer. With large units, newer construction, meaningful rental income, owner-user flexibility, and potential access to first-time buyer and low-down-payment programs, 520–522 W. Colden Avenue offers a compelling opportunity to enter Los Angeles multifamily ownership.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.7 mi
Grades 1-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 4,292 | 2,250 |
| Lot Size | 6,077 | 5,864 |
| Price | $1.55M | $826.7K |
| Price per sq ft | $361 | $395 |
| Built year | 2008 | 1925 |
| HOA | $0 | $0 |
| Days on market | 18 | 83 |
Jul 4, 2026
$1,549,000
Initial Listing
Oct 3, 2018
$686,000
Public Record
Aug 11, 2017
$560,000
Public Record
May 2, 2008
$170,000
Public Record
May 8, 2003
$123,000
Public Record